Property profile

3848 Colonial Blvd Fort Myers, FL 33966

OFF-MARKET
Medical Office Space
Property ID
US18-1446304
5,569 SF 0.61 ac lot Built 2004
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2004
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,569 SF
Lot 0.61 ac (26,572 SF)
Zoning code CG
APN 32-44-25-P4-00100.0040
UPID US18-1446304

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Postal Service Courier Service
  • Loan Service Bank
  • Loan Service Bank
  • Loan Service Bank

Location

3848 Colonial Blvd Fort Myers, FL 33966-1092
Fort Myers metro Census 1208 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.17M
CAP Approach CAP
$1.07M
Comparable Approach Comparable
$971k
Blend (final) Blend
$1.17M

Owner & transaction history

since 2021
Last sale
$1.2M
7 recorded transactions
2023
Price N/A
2022
Price N/A
2021
$1.2M
2019
Price N/A
2016
$777,600
2000
$750,000
1969
Price N/A

Zoning & alternative use

CG · Fort Myers, FL
Zoning description

It is the express intent of the CG District to provide areas for commercial activities that meet the retail shopping and service needs of the community.

General category COMMERCIAL
Top alternative use upside
Office building $1.6M +4.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3848 Colonial Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message